Short Term Chart. Looks like support at 126p but if this gives way long term support on long term chart at 120p should prop up price as it as hit a support line on a few occasions.
Long term Chart.
FUNDIES
Ladbrokes PLC
FORECASTS
2014 2015
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Davy Stockbrokers
10-09-14 None 9.80 8.90 6.40 8.90
Panmure Gordon
10-09-14 HOLD 107.00 10.40 8.90 88.80 8.64 8.90
Exane BNP Paribas
10-09-14 BUY 104.00 11.08 9.00 116.00 12.02 9.00
Peel Hunt LLP
10-09-14 SELL 104.15 10.10 8.90 81.32 7.53 8.90
Shore Capital
05-09-14 HOLD 105.10 10.20 8.60 93.10 9.00 8.60
Daniel Stewart
04-09-14 HOLD 142.40 13.40 9.20
Goodbody Stockbrokers
03-09-14 SELL 11.23 8.90 9.58 8.90
Numis Securities Ltd
12-08-14 HOLD 119.10 11.50 8.90 118.30 11.20 9.79
Investec Securities
23-07-14 HOLD 107.60 10.44 8.90 86.00 8.34 8.90
Canaccord Genuity Ltd
30-04-14 HOLD 112.10 10.90 8.90 89.90 8.80 8.90
Westhouse Securities
19-09-13 BUY
2014 2015
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 107.85 10.71 8.91 89.73 8.65 8.92
1 Month Change -3.07 -0.17 -0.00 -2.40 -0.52 -0.00
3 Month Change -6.94 -0.32 0.01 -3.57 -0.49 0.02
GROWTH
2013 (A) 2014 (E) 2015 (E)
Norm. EPS -40.49% -12.61% -19.26%
DPS 8.54% 0.16% 0.03%
INVESTMENT RATIOS
2013 (A) 2014 (E) 2015 (E)
EBITDA £238.50m £208.07m £187.61m
EBIT £145.90m £133.42m £112.88m
Dividend Yield 6.80% 6.82% 6.82%
Dividend Cover 1.38x 1.20x 0.97x
PER 10.67x 12.21x 15.12x
PEG -0.26f -0.97f -0.78f
Net Asset Value PS -37.38p 44.80p 42.40p
Fundies dont look special, I suppose thier is a dividend to be paid in med term.
Downside overal looks limited, just needs somethin to give it a kick up the backside.